Sec. 90107. Exempt facility bonds for zero-emission vehicle infrastructure
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/bill/116/hr/2/eh/section-90107·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 142 is amended— in subsection (a)— in paragraph (14), by striking or at the end, in paragraph (15), by striking the period at the end and inserting , or , and by adding at the end the following new paragraph: zero-emission vehicle infrastructure. , and by adding at the end the following new subsection: For purposes of subsection (a)(16), the term zero-emission vehicle infrastructure means any property (not including a building and its structural components) if such property is part of a unit which— is used to charge or fuel zero-emissions vehicles, is located where the vehicles are charged or fueled, is of a character subject to the allowance for depreciation (or amortization in lieu of depreciation), is made available for use by members of the general public, accepts payment by use of a credit card reader, and is capable of charging or fueling vehicles produced by more than one manufacturer (within the meaning of section 30D(d)(3)).
The term zero-emission vehicle infrastructure shall include any utility service connections, utility panel upgrades, line extensions and conduit, transformer upgrades, or similar property, in connection with property meeting the requirements of paragraph (1). The term zero-emissions vehicle means— a zero-emission vehicle as defined in section 88.102–94 of title 40, Code of Federal Regulations, or a vehicle that produces zero exhaust emissions of any criteria pollutant (or precursor pollutant) or greenhouse gas under any possible operational modes and conditions.
For purposes of subsection (a), any zero-emission vehicle infrastructure located within— a facility or project described in subsection (a), or an area adjacent to a facility or project described in subsection
(a)that primarily serves vehicles traveling to or from such facility or project, shall be treated as described in the paragraph in which such facility or project is described. Subparagraphs (D), (E), and
(F)of paragraph
(1)shall not apply to property which is part of a unit which is used exclusively by fleets of commercial or governmental vehicles. . The amendments made by this section shall apply to obligations issued after December 31, 2020.